SK Hynix Slump Marks 'Short-Term Bottom' in AI Stocks Fueled by Forced Liquidations, Says Dan Niles
Tech investor Dan Niles says the severe drop in SK Hynix Inc. (NASDAQ:SKHY) shares and the broader semiconductor sector represents a “short-term bottom” for artificial intelligence (AI) stocks, attributing the violent selloff to “forced liquidations” rather than a fundamental industry crash.
Benzinga ·